CAMBRIDGE ASSOCIATES LLC /MA/ /ADV

Filed: 2/12/2025ACC: 0001062993-25-002182

📋 What this filing means

CAMBRIDGE ASSOCIATES LLC /MA/ /ADV filed this quarterly 13F‑HR report disclosing 51 equity positions with a total reported market value of $3.12B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

Positions

$3.12B

Total AUM (reported)

27.46M

Total Shares

Allocation by class

S&P 500 ETF SHS$1.03B32.9%

TT WRLD ST ETF$541.41M17.3%

STRM INFPROIDX$197.57M6.3%

TOTAL STK MKT$162.07M5.2%

FTSE DEV MKT ETF$133.72M4.3%

LONG TERM TREAS$97.15M3.1%

INTER TERM TREAS$94.11M3.0%

Portfolio Concentration

Top 3$1.77B56.5%

4–10$747.22M23.9%

11–25$489.29M15.7%

Rest$122.17M3.9%

Top 3 weight

56.5%

Top 10 weight

80.4%

Voting Authority Distribution

Total shares with voting rights: 27.46M

Sole

Full voting authority

1.19M

% of voting shares4.3%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

26.27M

% of voting shares95.7%

Investment Discretion (by position count)

Sole51

Shared0

Other0

Dominant voting typeNone · 95.7% of voting shares

Institutional Holdings51

Rows:

VANGUARD INDEX FDS

SOLE

S&P 500 ETF SHS

Shares1.90M

TypeSH

Market value$1.03B

32.85%

Sole

146.92K

Shared

0.00

None

1.76M

VANGUARD INTL EQUITY INDEX F

SOLE

TT WRLD ST ETF

Shares4.61M

TypeSH

Market value$541.41M

17.33%

Sole

52.80K

Shared

0.00

None

4.56M

VANGUARD MALVERN FDS

SOLE

STRM INFPROIDX

Shares4.08M

TypeSH

Market value$197.57M

6.32%

Sole

219.12K

Shared

0.00

None

3.86M

VANGUARD INDEX FDS

SOLE

TOTAL STK MKT

Shares559.22K

TypeSH

Market value$162.07M

5.19%

Sole

0.00

Shared

0.00

None

559.22K

VANGUARD TAX-MANAGED INTL FD

SOLE

FTSE DEV MKT ETF

Shares2.80M

TypeSH

Market value$133.72M

4.28%

Sole

150.78K

Shared

0.00

None

2.65M

VANGUARD SCOTTSDALE FDS

SOLE

LONG TERM TREAS

Shares1.76M

TypeSH

Market value$97.15M

3.11%

Sole

0.00

Shared

0.00

None

1.76M

VANGUARD SCOTTSDALE FDS

SOLE

INTER TERM TREAS

Shares1.62M

TypeSH

Market value$94.11M

3.01%

Sole

0.00

Shared

0.00

None

1.62M

ISHARES TR

SOLE

CORE S&P500 ETF

Shares149.10K

TypeSH

Market value$87.77M

2.81%

Sole

0.00

Shared

0.00

None

149.10K

VANGUARD INTL EQUITY INDEX F

SOLE

FTSE EMR MKT ETF

Shares1.98M

TypeSH

Market value$87.33M

2.80%

Sole

28K

Shared

0.00

None

1.95M

ISHARES TR

SOLE

CORE US AGGBD ET

Shares877.91K

TypeSH

Market value$85.07M

2.72%

Sole

87.04K

Shared

0.00

None

790.87K

VANGUARD INDEX FDS

SOLE

GROWTH ETF

Shares155.19K

TypeSH

Market value$63.70M

2.04%

Sole

72.11K

Shared

0.00

None

83.08K

ISHARES TR

SOLE

MSCI USA QLT FCT

Shares281.66K

TypeSH

Market value$50.16M

1.61%

Sole

0.00

Shared

0.00

None

281.66K

ISHARES TR

SOLE

CORE MSCI EAFE

Shares686.68K

TypeSH

Market value$48.26M

1.54%

Sole

0.00

Shared

0.00

None

686.68K

VANGUARD SCOTTSDALE FDS

SOLE

VNG RUS1000VAL

Shares591.43K

TypeSH

Market value$48.05M

1.54%

Sole

0.00

Shared

0.00

None

591.43K

ISHARES TR

SOLE

RUS 1000 ETF

Shares143.76K

TypeSH

Market value$46.31M

1.48%

Sole

0.00

Shared

0.00

None

143.76K

ISHARES TR

SOLE

MSCI ACWI ETF

Shares298.80K

TypeSH

Market value$35.11M

1.12%

Sole

0.00

Shared

0.00

None

298.80K

VANGUARD SCOTTSDALE FDS

SOLE

SHORT TERM TREAS

Shares559.66K

TypeSH

Market value$32.56M

1.04%

Sole

0.00

Shared

0.00

None

559.66K

ISHARES INC

SOLE

CORE MSCI EMKT

Shares582.75K

TypeSH

Market value$30.43M

0.97%

Sole

56.87K

Shared

0.00

None

525.87K

ISHARES GOLD TR

SOLE

ISHARES NEW

Shares521.27K

TypeSH

Market value$25.81M

0.83%

Sole

8.16K

Shared

0.00

None

513.12K

VANGUARD SCOTTSDALE FDS

SOLE

VNG RUS1000GRW

Shares214.51K

TypeSH

Market value$22.16M

0.71%

Sole

0.00

Shared

0.00

None

214.51K

ISHARES TR

SOLE

US TREAS BD ETF

Shares908.04K

TypeSH

Market value$20.87M

0.67%

Sole

0.00

Shared

0.00

None

908.04K

VANGUARD STAR FDS

SOLE

VG TL INTL STK F

Shares317.71K

TypeSH

Market value$18.72M

0.60%

Sole

0.00

Shared

0.00

None

317.71K

ISHARES TR

SOLE

BARCLAYS 7 10 YR

Shares192.71K

TypeSH

Market value$17.82M

0.57%

Sole

12.88K

Shared

0.00

None

179.83K

SPDR INDEX SHS FDS

SOLE

GLB NAT RESRCE

Shares313.43K

TypeSH

Market value$15.60M

0.50%

Sole

141.11K

Shared

0.00

None

172.32K

VANGUARD INDEX FDS

SOLE

VALUE ETF

Shares81.11K

TypeSH

Market value$13.73M

0.44%

Sole

0.00

Shared

0.00

None

81.11K

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
VANGUARD INDEX FDSSOLE	S&P 500 ETF SHS	1.90M	SH	$1.03B 32.85%	146.92K	1.76M
VANGUARD INTL EQUITY INDEX FSOLE	TT WRLD ST ETF	4.61M	SH	$541.41M 17.33%	52.80K	4.56M
VANGUARD MALVERN FDSSOLE	STRM INFPROIDX	4.08M	SH	$197.57M 6.32%	219.12K	3.86M
VANGUARD INDEX FDSSOLE	TOTAL STK MKT	559.22K	SH	$162.07M 5.19%	0.00	559.22K
VANGUARD TAX-MANAGED INTL FDSOLE	FTSE DEV MKT ETF	2.80M	SH	$133.72M 4.28%	150.78K	2.65M
VANGUARD SCOTTSDALE FDSSOLE	LONG TERM TREAS	1.76M	SH	$97.15M 3.11%	0.00	1.76M
VANGUARD SCOTTSDALE FDSSOLE	INTER TERM TREAS	1.62M	SH	$94.11M 3.01%	0.00	1.62M
ISHARES TRSOLE	CORE S&P500 ETF	149.10K	SH	$87.77M 2.81%	0.00	149.10K
VANGUARD INTL EQUITY INDEX FSOLE	FTSE EMR MKT ETF	1.98M	SH	$87.33M 2.80%	28K	1.95M
ISHARES TRSOLE	CORE US AGGBD ET	877.91K	SH	$85.07M 2.72%	87.04K	790.87K
VANGUARD INDEX FDSSOLE	GROWTH ETF	155.19K	SH	$63.70M 2.04%	72.11K	83.08K
ISHARES TRSOLE	MSCI USA QLT FCT	281.66K	SH	$50.16M 1.61%	0.00	281.66K
ISHARES TRSOLE	CORE MSCI EAFE	686.68K	SH	$48.26M 1.54%	0.00	686.68K
VANGUARD SCOTTSDALE FDSSOLE	VNG RUS1000VAL	591.43K	SH	$48.05M 1.54%	0.00	591.43K
ISHARES TRSOLE	RUS 1000 ETF	143.76K	SH	$46.31M 1.48%	0.00	143.76K
ISHARES TRSOLE	MSCI ACWI ETF	298.80K	SH	$35.11M 1.12%	0.00	298.80K
VANGUARD SCOTTSDALE FDSSOLE	SHORT TERM TREAS	559.66K	SH	$32.56M 1.04%	0.00	559.66K
ISHARES INCSOLE	CORE MSCI EMKT	582.75K	SH	$30.43M 0.97%	56.87K	525.87K
ISHARES GOLD TRSOLE	ISHARES NEW	521.27K	SH	$25.81M 0.83%	8.16K	513.12K
VANGUARD SCOTTSDALE FDSSOLE	VNG RUS1000GRW	214.51K	SH	$22.16M 0.71%	0.00	214.51K
ISHARES TRSOLE	US TREAS BD ETF	908.04K	SH	$20.87M 0.67%	0.00	908.04K
VANGUARD STAR FDSSOLE	VG TL INTL STK F	317.71K	SH	$18.72M 0.60%	0.00	317.71K
ISHARES TRSOLE	BARCLAYS 7 10 YR	192.71K	SH	$17.82M 0.57%	12.88K	179.83K
SPDR INDEX SHS FDSSOLE	GLB NAT RESRCE	313.43K	SH	$15.60M 0.50%	141.11K	172.32K
VANGUARD INDEX FDSSOLE	VALUE ETF	81.11K	SH	$13.73M 0.44%	0.00	81.11K

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